Golden triangle asset leased to Countdown

243, Fraser Cove, City Centre, Tauranga

Price On Application

Proposed Usage
Retail
Floor Area
5958.00 m²
Land Area
5767.00 m²
Description:
Property ID
1c6zph3

• Over 8.5 year lease term remaining to anchor tenant - Countdown, complemented by two additional tenancies
• Prime location within an established Tauranga retail hub
• Total net rental approximately $1,241,387pa + GST

Well located in the very heart of one of New Zealand's strongest regional economies. Leased to Countdown since 2009, this property has been recently externally repainted and new pharmacy added internally by the anchor tenant to ensure continued sales growth into the future.

Fraser Cove is a popular centrally located shopping destination catering to a wide customer base and demographic, anchored by a Countdown supermarket and The Warehouse. It also holds a strong base of major national retailers including Burger King, North Beach, Warehouse Stationery, Big Save Furniture and Kathmandu.

A fantastic, well located investment opportunity leased to an undoubted long term tenant. Call now for further details.

Enquire about this property

City Centre Area